News
After string of flops, Disney’s live action movie head departs
Disney has announced that Sean Bailey, the head of its live-action movies division, will be stepping down from his position.
The news comes as part of an executive shuffle within the entertainment giant, with Bailey’s successor named as David Greenbaum, former co-president of Disney’s Searchlight Pictures.
Greenbaum will assume the role of president of Disney live action and 20th Century Studios.
The decision to appoint Greenbaum to this newly created position is aimed at fostering greater collaboration within Disney’s production slate.
The move aligns with the company’s strategy to streamline operations and enhance efficiency across its various divisions.
Activist investors
The reshuffle at Disney comes at a time when the company is facing pressure from activist investors.
Notably, activist Nelson Peltz has urged Disney to focus on improving streaming margins and to undertake a review of its creative processes to enhance output from its studios.
Despite the change in leadership, Searchlight Pictures, under the leadership of President Matthew Greenfield, will continue its operations. Greenfield assumed the presidency alongside Greenbaum in 2021.
In the wake of his departure from his executive role, Bailey will remain involved with Disney as a producer on upcoming projects, including the highly anticipated “Tron: Ares” movie.
The announcement of Bailey’s departure and Greenbaum’s appointment underscores Disney’s commitment to adapting to the evolving entertainment landscape and maximizing its creative potential.
Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.
The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.
The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.
Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.
Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured
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